(The Hosting News) – Following a recent slide in stock, technology giant Oracle on Tuesday announced a partnership with Salesforce.com, a popular CRM app.
The deal is worth nine years and will allow Salesforce.com to utilize the Oracle Linux OS along with other company solutions including Oracle’s Java Middleware Platform, the Oracle Database and more.
“When customers choose cloud applications they expect rapid low-cost implementations; they also expect application integrations to work right out of the box – even when the applications are from different vendors. That’s why Marc and I believe it’s important that our two companies work together to make it happen, and integrate the salesforce.com and Oracle Clouds,” stated Oracle CEO Larry Ellison via a press release.
Salfesforce.com, however, wasn’t the only company Oracle sought to receive a boost from. According to a report from Bloomberg.com on Tuesday, Oracle also recently partnered with Microsoft, providing a move that will allow the company to power Microsoft’s Windows Azure cloud with Oracle’s database.
Meanwhile Microsoft CEO Steve Ballmer had this to say, according to Bloomberg: “It’s about time, and we’re really glad to have the chance to work in this much newer and more constructive way with Oracle.”
Stock in Oracle last Friday had fallen a staggering 7%, according to a report from USA Today. The company’s earnings, while $3.8 billion during the previous quarter, were considered a slight disappointment.